During the week of July 7-13, Pakistan’s cotton yarn prices continued to fall due to the sharp drop in domestic cotton prices in Pakistan, while the prices of polyester/cotton yarn (PC) and polyester/viscose yarn (PV) increased by the price of polyester fiber and viscose fiber. Increase by 1%. According to statistics, the price increase of polyester staple fiber last week stimulated the price of polyester yarn and filament yarn to rise sharply. The price of 1.4D polyester staple fiber increased by 2 rupees/kg to 125 rupees/kg, up 1.63% from the previous month. With the price of PTA and MEG rising, the price of viscose fiber in Pakistan rose by Rs 5/kg last week, and the price of imports from China rose to US$2.00/kg. The price of polyester imported from China soared to US$1.06/kg. Supported by rising demand in China, Pakistan's cotton yarn export prices remained basically stable. At present, textile production and exports in Pakistan have declined overall, and the profit margin of textile enterprises has remained at a low level. At the same time, due to the unstable domestic policy in Pakistan, the decline of the Pakistani currency has also had a certain impact on textile enterprises.
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